Price leadership is assumed to stabilize the price and maintain price discipline. This also helps in attaining effective price leadership, which works under the following conditions: i. When the number of organizations is small. Advertisements: ii. Entry to the industry is restricted. iii. Products are homogeneous. iv.
Lactic acid fermentation is a biological process by which glucose and other six-carbon sugars (also, disaccharides of six-carbon sugars, e.g. sucrose or lactose) are converted into cellular energy and the metabolite lactate.actic acid fermentation is also used in the production of sauerkraut. The main type of bacteria used in the production of sauerkraut is of the genus Leuconostoc. As in yogurt, when the acidity rises due to lactic acid-fermenting organisms, many other pathogenic microorganisms are killed.
~ Fermentation and cellular respiration differ in that fermentation does not require oxygen while cellular respiration does. Fermentation and cellular respiration are also different because water molecules are not produced during fermentation but are produced during cellular respiration.All fermentation reactions occur in the cell's cytoplasm but during cellular respiration, only glycolysis occurs in the cytoplasm. Fermentation and cellular respiration are alike in that they both begin with a series of reactions known as glycolysis, which breaks glucose molecules into smaller pyruvate molecules. They are also similar in that during both processes, ATP is produced for the cell to use.